1367 DANFORTH AVENUE, Toronto (Greenwood-Coxwell), ON M4J1N1
Greenwood-Coxwell
Key Facts
Description
Situated prominently on the southwest corner of Danforth Avenue and Gillard Avenue, this mixed-use property of almost 9,000 sf is priced at under $400.00 psf offering exceptional visibility and long-term upside in a rapidly evolving urban corridor. The building is configured with 10 residential units comprising a total of 28 bedrooms on the 2nd & 3rd floors and rear main floor accessed from 214 Gillard Ave, with ground-floor retail space along the Danforth frontage with steady pedestrian and vehicular traffic. While the property would benefit from updates, it presents a compelling value-add opportunity for investors seeking stable income with significant growth potential, or owner-operators to renovate, reposition, and customize the asset to suit their vision. The corner location offers flexibility for a variety of commercial uses including hospitality with patio potential. Located within the Greenwood Major Transit Area, the property stands to profit from ambitious intensification plans, including a proposed minimum density target nearly double the current population. 1363 - 1367 Danforth is a substantial corner property, on a major artery, and steps to a subway station offering an excellent opportunity for any Buyer. (id:31684)
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Living Area
8,978 sq ft
Parking Spaces
3
Listing #
E13535786
Property Features
- Cooling:
- None
- Heating:
- Hot Water, Radiant, Natural Gas
Affordability Calculator
$699,600
Estimated monthly payment
$18,618/mo
Principal $2,798,400 · Est. interest $3,904,017 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Toronto, ON
- CA$786,362
- Median Listing Price
- 48
- Median Days on Market
- 950
- Median Sq Ft
- CA$821
- Median Price / Sq Ft
- 19,842
- Active Listings
- This home’s price is 345% above the area median.
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Toronto, ON.
Location
- 1367 DANFORTH AVENUE, Toronto (Greenwood-Coxwell), ON M4J1N1
Nearby Schools
Danforth Appliance
School · 0.1 km away
Michelle-O'Bonsawin Secondary School
Secondary · 0.2 km away
Monarch Park Montessori Inc
Elementary · 0.4 km away
St Patrick Catholic Secondary School
Secondary · 0.4 km away
Danforth Collegiate & Tech Inst
Secondary · 0.5 km away
Youthdale Treatment Centres
Elementary · 0.5 km away
Toronto Urban Studies Ctr
School · 0.5 km away
School of Life Experience
Secondary · 0.6 km away
Monarch Park Collegiate
Secondary · 0.6 km away
Ecole Elementaire la Mosaique
Elementary · 0.6 km away
Madinah Islamic School
School · 0.6 km away
Earl Beatty Public School
School · 0.7 km away
Century School House
School · 0.7 km away
Wilkinson Junior Public School
Elementary · 0.7 km away
SUBWAY Academy 1
School · 0.7 km away
First Nations Junior and Senior School of Toronto
Secondary · 0.7 km away
George Etienne Cartier School
School · 0.9 km away
R H McGregor Elementary School
Elementary · 0.9 km away
Equinox Holistic Alternative School
Elementary · 1.0 km away
Jones Avenue Adult Centre
School · 1.1 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Toronto (Greenwood-Coxwell)
Listing Courtesy: BOSLEY REAL ESTATE LTD.
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